# Procedures for Corporate Debt Collection
> **US Federal Deposit Insurance Corporation** · Final rule. · Published 2002-07-25 · 67 FR 48525
## Document
- **Document number:** 02-18656
- **Category:** final-rule
- **Agency:** US Federal Deposit Insurance Corporation
- **Federal Register citation:** 67 FR 48525
- **CFR reference:** 12 CFR 313
- **Publication date:** 2002-07-25
## Abstract

The FDIC is issuing a new regulation governing procedures for corporate debt collection. The Debt Collection Improvement Act of 1996 requires agencies to promulgate regulations on this subject. The regulation sets forth the procedures the FDIC will follow in collecting debts owed to the United States. These procedures include collection of debts through administrative offset, salary offset, administrative wage garnishment and tax refund offset.

## Source
- [Federal Register document](https://www.federalregister.gov/documents/2002/07/25/02-18656/procedures-for-corporate-debt-collection)
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